Northvolt Lenders Line Up PJT for Advice as Cash Crunch Deepens
WEB5 hours ago · VWAPY. (Bloomberg) -- Lenders to Northvolt AB have selected investment bank PJT Partners to help advise on options as a cash crunch deepens at the troubled maker of electric-car batteries ...
Swedish PM rules out government rescue of troubled Northvolt
WEB3 days ago · Sweden’s government has ruled out a financial rescue of Northvolt as the country’s green battery start-up fights for survival. Ulf Kristersson, the centre-right prime minister, said on Monday ...
Struggling Northvolt stokes fear for Europe's battery future
WEB6 days ago · Northvolt's shock decision this week to shrink its operations and cut jobs has sparked fears that Europe's best shot at a home-grown electric vehicle battery champion may stall, sector experts and ...
Northvolt’s Initial Outcomes from Its Strategic Review
WEBSep 10, 2024 · Northvolt is today announcing its initial steps to be taken as part of its strategic review. These measures reflect a challenging macroeconomic environment and our subsequent reassessment of ...
News - Northvolt
WEBAug 20, 2024 · Northvolt strengthens its Executive Management Team – creates new Chief Transformation Officer role and hires new talent to drive forward its long-term strategy. Pia Aaltonen-Forsell joins as Chief Finance Officer and Matthias Arleth as President Cells.
Northvolt announces outcomes from its strategic review
WEBSep 9, 2024 · In line with its focus on large-scale cell manufacturing, Northvolt remains committed to NOVO (Sweden), Northvolt Drei (Germany), and Northvolt Six (Canada), and is in close dialogue with the key stakeholders involved.
Sweden's Northvolt launches strategic review after setbacks
WEBJul 2, 2024 · Swedish lithium-ion battery manufacturer Northvolt said on Tuesday it was conducting a strategic review, as it grapples with a series of setbacks.
Northvolt considers cutting back aggressive expansion plans
WEBJul 2, 2024 · Northvolt, Europe’s big hope in battery manufacturing, is considering cutting back its aggressive expansion plans after a series of problems with its first gigafactory in Sweden pushed it to...
Northvolt raises $5 billion for circular gigafactory
WEBJan 16, 2024 · Stockholm, Sweden – Northvolt today announced the signing of a $5 billion non-recourse project financing to enable the expansion of Northvolt Ett in northern Sweden. The deal represents the largest green loan raised in Europe to date.
Swedish battery maker Northvolt mulls job cuts as it seeks to save ...
WEBSTOCKHOLM, Sept 9 (Reuters) - Battery maker Northvolt said on Monday it would suspend cathode active material production at its gigafactory in Sweden and cut costs under a plan that could lead to...
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